PR TIMES Reports Record Q1 Revenue (Announces 1st Quarter FY2026 Earnings)

PR TIMES Co., Ltd. (Minato-ku, Tokyo; Representative Director: Takumi Yamaguchi; TSE Prime, Nagoya Prime: 3922), operator of the press release distribution service "PR TIMES," announced its first-quarter financial results for the fiscal year 2026 (March to May 2026) on July 14, 2026 (Tuesday).

※ A live webcast of the FY2026 Q1 earnings briefing will be held starting at 4:00 PM JST on Tuesday, July 14, 2026.

【Broadcast Time】July 14, 2026 (Tuesday), 4:00 PM JST

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INDEX (1) FY2026 Q1 Financial Results (2) FY2026 Q1 Service Trends (3) Topics & Reference Information (4) Road to Milestone 2030

(1) FY2026 Q1 Financial Results

For the first quarter of FY2026, the company reported revenue of ¥2.527 billion, EBITDA of ¥994 million, operating profit of ¥880 million, and net income of ¥604 million.

Year-on-year, revenue increased 109.7%, EBITDA 104.7%, operating profit 99.6%, and net income 105.6%. Compared to the previous quarter, revenue rose 108.1%, EBITDA 132.9%, operating profit 139.1%, and net income 161.2%. Revenue growth remained below 10% for the first time in 60 quarters since Q1 FY2011. While overall progress aligns with plans, revenue is slightly behind target.

Quarterly revenue set a new record for the first quarter, though it did not surpass the all-time high recorded in Q3 FY2025.

Quarterly EBITDA also reached a record high for the first quarter.

Quarterly operating profit continues its solid growth trend, absorbing ongoing investments.

Breakdown of selling, general, and administrative (SG&A) expenses shows amounts and ratios to revenue for S&M, R&D, and G&A.

S&M expenses accounted for 34.9% of revenue, including initiatives such as "April Dream" and the partnership agreement with the Los Angeles Dodgers. R&D expenses, focused on existing service development, were 7.8% of revenue. G&A expenses remained under 10% of revenue at 8.4%.

Within S&M, quarterly advertising and promotion expenses were ¥225 million, up 65.5% year-on-year, reflecting continued planned advertising investment.

Revenue growth rate was 9.7%, below 10% for the first time in 60 quarters since Q1 FY2011. However, the combined figure of revenue growth rate and operating margin stood at 44.5% for Q1, maintaining a high level. The company will continue pursuing sustainable growth and profit expansion through disciplined and proactive investment.

Progress against full-year forecasts after Q1 shows revenue at 23.3% of the annual forecast of ¥10.844 billion (24.1% in the prior year), and operating profit at 27.1% of the annual forecast of ¥3.25 billion (24.4% in the prior year).

Overall progress is in line with plans, though revenue is slightly behind schedule and requires close monitoring. Progress against the first-half forecast is 48.7% for revenue and 53.3% for operating profit, consistent with the full-year outlook.

Finally, the balance sheet overview: compared to the previous quarter, cash and cash equivalents and current liabilities decreased due to corporate tax payments. Contract liabilities increased due to growth in period-based subscription plans. ROE remains high at 29.2%, and ROA at 24.7%.

(2) FY2026 Q1 Service Trends

We will now explain key business highlights.

The number of companies using "PR TIMES" reached 129,233 as of the end of May 2026, an increase of 16,424 year-on-year and 4,420 quarter-on-quarter. As of the end of May, 65.8% of listed companies in Japan are using the service.

The press release distribution media list includes 11,075 outlets. The number of media users who have registered to collect information is 29,853, and the number of partner media outlets that republish press releases is 270. Website traffic peaked in August 2023 with a record monthly 89.84 million page views. The official PR TIMES Facebook account has 127,934 followers, and the X (formerly Twitter) account has 510,247 followers. The number of individual users reached 276,173. Through corporate communications, PR TIMES continues to expand its reach and influence to both media and consumers.

"PR TIMES" offers a pay-per-use plan at ¥30,000 per release and subscription plans: monthly at ¥80,000, semi-annual at ¥75,000 per month, and annual at ¥70,000 per month. We disclose the total number of annual and semi-annual subscription plans. Adoption of period-based subscription plans continues to grow steadily.

The total number of companies on fixed-fee period plans is 3,547 (up 442 YoY, +14.2%), comprising 3,215 on annual plans (up 424 YoY, +15.2%) and 332 on semi-annual plans (up 18 YoY, +5.7%).

The number of press releases distributed in Q1 FY2026 was 127,358 (up 12.8% YoY, up 13.6% QoQ), maintaining double-digit year-on-year growth.

We will now explain "PR Partner Services," which operates in the adjacent area of "PR TIMES."

Q1 revenue decreased 16.8% quarter-on-quarter, due to event downsizing and lost contracts. Retainer contract customers number 15, and departmental full-time employees number 14, both flat YoY. While this is a focus area for future growth, progress has stalled, and we will redouble our efforts to generate new customers.

Next, we introduce other business initiatives. First is "Jooto," a SaaS-based task and project management tool.

As of the end of May 2026, the number of paid corporate users was 2,456, an increase of 5 (0.2%) from the previous quarter. The company is phasing out the old plan and transitioning to a new plan starting in July 2026. The average revenue per user decreased by 3.0% quarter-on-quarter and 7.8% year-on-year to ¥11,498, due to partial downsizing of large contracts.

We will now explain the historical trends and outlook for Jooto's paid corporate user count and average revenue per user.

Due to the discontinuation of the old plan and the transition to the new plan starting July 2026, the number of paid corporate users has been on a declining trend. However, after the new plan launches, the proportion of business plans is expected to rise. Consequently, the number of paid corporate users is projected to reach 2,570 by Q4.

Regarding average revenue per user, when broken down by subscription price, the new plan is expected to increase the price to ¥7,377 by Q4, a 19.5% increase from Q1. The overall price including contributions from development projects will be